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The company's rich legacy of care and strong sense of purpose rooted in a culture of meritocracy and high performance standards have made Cipla an employer of choice for several industry leaders, it added. … [Read more...] about Cipla witnesses 3 senior-level exits including India biz CEO

Hyundai sold 8,404 Palisade large SUVs, a two-fold increase from last July and a monthly record. Kia sold 4,822 Telluride large SUVs, up 5.8 percent, while sales of the Seltos small SUV, which hit U.S. showrooms in January, reached a monthly record of 4,505.  … [Read more...] about Hyundai’s U.S. Sales Edge up

i) The governemnt ignores the PSC of Finance 42nd report of Dec 2011 and demonstrates contempt for parliament.Increased fund allocation in Union budget 2013-14 to Aadhaar/UID by Rs 14,232 crore (Rs 142.32 billion) and other recommendations has made a mockery of the PSC of Finance report which is the considered view of parliament.The claims success by various pilots on themes of subsidy transfer and financial inclusion of Adhaar project are extremely suspicious and dubious.The biometric data collection without statutory backing by NPR and Aadhaar violates citizens’ rights.Submission of 3.57 crores signatures of people all over the country against the UID/Aadhaar project and which also shows the widespread opposition to the biometric profiling not only by pro-privacy activists but also by the aam-aadmi.Benefits from direct transfer of subsidy recommended by Nandan Nilekani task force suspect.Parliamentary probe required for UIDAI/RGI’s relationship with external and internal … [Read more...] about Aadhaar’s allocation is Parliament’s contempt

The government has ensured that the legislative wing remains unaware about how UIDAI selected the "managed service provider" for the Central Identity Data Repository of Aadhaar numbers. For this a budget of Rs 1900 crores was allocated in the Union Budget 2010-11 by the finance minister. It is admitted that the "CIDR will be handed over to the managed service provider on a long-term contract basis". The UIDA was given Rs 3,000 crore for fiscal 2011-12. Its details are missing from the public domain. The shifting national identities of MSP and their relationship with external and internal intelligence agencies merit a parliamentary probe. … [Read more...] about Budgetary allocation for Aadhar project is in contempt of Parliament

At the interbank forex market, the domestic unit opened at 74.93 against the U.S. dollar, gained further ground and touched 74.87 against the U.S. dollar, registering a gain of 17 paise over its previous close. … [Read more...] about Rupee surges 17 paise to 74.87 against U.S. dollar in early trade